Cape Verde’s nil-nil draw against World Cup favorite Spain is still reverberating around the sports world, but one person is still reeling from that match.
Fox Sports’ Nick Wright, a noted sports bettor, may never look at soccer the same way again after some terrible luck and even worse decision-making while betting on the World Cup led to a “financially ruinous” day for the outspoken sports analyst.
“I won a lot of money on the Knicks winning the [NBA] championship,” Wright explained to Collin Cowherd on his show this week. “I could’ve just hit the old withdraw button.”
He did not hit that button. Instead of taking his winnings and walking away, Wright decided to place a bet on Spain to beat Cape Verde as a -1400 favorite.
“Is this a free $1,500 I can pick up off the ground?” Wright thought ahead of the match. “Spain’s going to beat Cape Verde. I don’t care that they’re minus -1400; they could be -14000. And so I clicked that button instead. And then I watched the game in horror.”
Wright didn’t say just how much he wagered on the match, but to win $1,500 betting Spain at -1400, he would have to place a $21,000 bet.
It somehow got worse.
After taking a bath on the Spain-Cape Verde game, Wright doubled, then tripled down on two more favorites.
“Yesterday I bet three favorites at huge minus money, and it was a day of draws. There are no winners. Just no winners. No upsets, but no winners.”
“There were no winners, there was one loser yesterday,” Cowherd replied.
This isn’t the first time Wright was in the news for making a huge bet. During the NBA playoffs, Wright went to Las Vegas for a poker tournament and ended up making a $10,000 bet on the Timberwolves to win the NBA championship at 200/1 odds before their second-round series against the Spurs.
That wager would have paid out at $2,000,000 and was allegedly worth $65,000 when the Wolves were up 1-0 in the series. They eventually lost in six.
Why Trust New York Post Betting
Malik Smith has been immersed in the sports betting industry since 2017. He’s a data nerd with a particular focus on the NBA and combat sports. He spends his weeknights in the winter looking for edges on plus-money NBA player props.